GBPJPY Short Technical Opportunity

200
Technical analysis:
•50 EMA rejection
•200 EMA rejection
•61.8% retracement rejection
•Rejection of Key Horizontal Support/Resistance line @ 185.000
•Down-trending Market
•Deceleration present
•Tweezer Tops candle pattern
•GBP/USD and SPX500 are both showing bearish momentum
(weakness in the SPX500 often means strength in the Yen as a safe haven)

Negative Factors:
•Price action has made a higher high and a higher low recently, but this
can be seen as a pullback to create value.

Other Notable Factors:
•Note that the 50 EMA and 200 EMA are about to cross, which would
support a move lower

כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.